I enjoyed my trend channel stuff much more at the higher level, today. MUCH more. Far fewer adjustments to the channels needed.
I didn’t have time to show gold in the video, so here’s gold:
Pretty choppy all day… the one good opportunity was the break of the up-channel around 8:30 Central time. By 9:38 when the downchannel was defined, we had a single low-volume push down to toward the low of the channel. Since pushes down on down channels should be high-volume, I started getting ready for the next up channel to form. Instead, I got pseudo-random chop for the rest of the day. Oh well. So much for those trending commodities, huh?
